John Crawford

John Crawford

Tether scales back $20B fundraising bid amid valuation concerns: Report

Investors remain cautious as Tether reassesses its fundraising efforts amid questions about its hefty valuation. Tether, the world’s largest stablecoin issuer, is reconsidering the scale of its planned funding round amid skepticism over its $500 billion valuation, according to a report from the Financial Times. The El Salvador-registered company initially explored raising as much as

Trump Says He Didn’t Know of Abu Dhabi $500M WLFI Investment

Reports say a wealthy Abu Dhabi investor bought a near-half stake in a crypto company tied to the Trump family. The transaction, reported to be worth about $500 million, involved an entity linked to Sheikh Tahnoon bin Zayed Al Nahyan. It has prompted questions in Washington and stirred activity in the markets where the company’s

‘Sell Gold, Buy Bitcoin’: Cathie Wood Makes The Rotation Call

ARK Invest CEO Cathie Wood said she would “make a shift from gold into Bitcoin” after gold’s run left the metal looking extended on a key liquidity-adjusted measure, arguing that bitcoin’s supply dynamics and long-term adoption case still favor the crypto asset despite a sluggish year. Speaking on a Feb. 2 episode of The Rundown

Aave Shutters Avara Brand and Family Crypto Wallet

Aave Labs says it is sunsetting its “umbrella brand” Avara in the company’s latest move to refocus on decentralized finance and simplify its branding. Aave founder and CEO Stani Kulechov posted to X on Tuesday that Avara, a company encompassing projects including the Family crypto wallet and previously the social media platform Lens, “is no

Crypto.com Launches OG Prediction Market Platform

Crypto.com has spun out its prediction markets business into a standalone platform after reporting explosive growth, entering a crowded but booming industry. Crypto.com has spun out its prediction markets business, first launched in 2024, into a standalone platform called OG, competing with the likes of Polymarket and Kalshi.  OG is powered by Crypto.com Derivatives North

Polymarket, Kalshi Give Free Groceries Amid Prediction Market Boom

Two leading prediction market platforms, Polymarket and Kalshi, have both turned to giving away groceries amid a fight for dominance in the fast-growing prediction markets space. Kalshi offered a $50 grocery giveaway to over 1,000 people in Manhattan on Tuesday, while competitor Polymarket announced plans to open a free grocery store starting next week. Thousands

Ethereum Dust Attacks Increase After Fusaka

Stablecoin-related dust activity is now estimated to make up 11% of all Ethereum transactions and 26% of active addresses on an average day, after the Fusaka upgrade made transactions cheaper, according to Coin Metrics. “Dusting” attacks are a form of address poisoning in which attackers send tiny crypto transfers from look-alike wallet addresses to trick

Payward Revenues Jump 33% as Traders Flock to Kraken

Crypto exchange Kraken’s parent company, Payward, reported 33% revenue growth in 2025 as transaction volumes rose and the business capitalized on its acquisitions. The company’s revenues rose to $2.2 billion last year, up from $1.6 billion in 2024 due to “broad-based performance across trading and asset-based businesses,” with total transaction volumes rising 34% over the

Vitalik Buterin Says Ethereum Scaling Should Move From L2s

Ethereum co-founder Vitalik Buterin said the original vision of layer-2 scaling “no longer makes sense,” arguing that many L2s have failed to properly inherit Ethereum’s security and that scaling should increasingly come from the mainnet and native rollups. “We need a new path,” Buterin said in a post to X on Tuesday, arguing that many
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